EURUSD 2017-10-26
As we see over our previous chart and as we advised yesterday
Euro still holding trades inside our Short-Run trading zone between 1.1660 and 1.1860
Market managed to advanced near resistance 1.1840-60 where market start early with drop intention
As long as market holding below 1.1840-60 another drop wave toward 1.1680-1.1700 zone will be expected
Above 1.1910 more advance toward 1.2000-30 zone is expected
Below 1.1660 market may enter new downtrend wave that may target 1.1550 and 1.1400
Support | Resistance | |
Level 1 | 1.1800 | 1.1840-60 |
Level 2 | 1.1770 | 1.1910 |
Level 3 | 1.1680-1.1700 | 1.2000 |